HANetf Debuts Euro-Hedged Bitcoin Fund in World First

What happened

Bitcoin Magazine HANetf Debuts Euro-Hedged Bitcoin Fund in World First European BTC investors can typically be exposed to both volatile swings in the cryptocurrency’s price as well as the dollar’s move against the euro. Bitcoin Magazine HANetf Debuts Euro-Hedged Bitcoin Fund in World First A new bitcoin exchange-traded fund has hit Europe — with a twist.

Debuted by $9.2 billion ETF provider HANetf , the Arrow Bitcoin EUR Hedged ETF gives European investors exposure to bitcoin while reducing the impact of movements between the euro and the US dollar. A new fund aims to fix that. Because bitcoin is priced in dollars, European investors who buy an unhedged product are exposed to two things at once: the bitcoin price and the dollar’s moves against the euro.